Principles of Accounts Payable and Receivable Management 

Welcome Video - An Overview

An Overview of Accounts Payable and Receivable Management

Learning Objectives

Introduction of Storage and Classification of Inventory

Inventory Management

Introduction to Inventory Masters

Company Creation in Tally

Introduction of Capital into a Business

Overview of Inventory Masters Creation

Creation of Stock Group

Creation of Stock Category

Creation of Unit

Creation of Stock Item

Creation of Godown

Overview of Tracking of Movements of Goods in Batches/Lots

Activation of Batches/Lots for Stock Items

Allocating Batch/Lot Details in Purchase Invoice- Allocation of Batch/Lot Details

Allocation of Batch/Lot Details in Purchase Invoice-Recording of Transaction

Allocation of Batch/Lot Details in Purchase Invoice-Activity

Selling of Stock Items from Batch/Lot

Identifying of Expired Batch in Sales Invoice

Returning of Expired Batch Stock Items

Overview of Batch Reports

Batch Voucher Report

Batch Summary Report

Overview of Price Levels and Price Lists and Business Scenarios

Activating Price Lists and Defining of Price Levels

Creation of Price List

Price Level & Price List usage in Sales Voucher

Revise Price List

Conclusion

Program and Course Overview

Learning Objectives

Introduction of Storage and Classification of Inventory

Inventory Management

Introduction to Inventory Masters

Creation of Inventory Masters in Tally

Tracking of Movements of Goods in Batches/Lots-Part A

Tracking of Movements of Goods in Batches/Lots-Part B

Price Levels and Price Lists

Conclusion

Introduction of Storage and Classification of Inventory

Inventory Masters in Tally

Tracking of Movements of Goods in Batches/Lots-Part A

Tracking of Movements of Goods in Batches/Lots-Part B

Price Levels and Price Lists

Graded Assessment-Storage and Classification of Inventory

Learning Objectives

Overview of Accounts Receivable and Payable Management

Accounts Payable and Receivable

Maintain Bill-wise Entry

Enabling Bill-wise Entry Feature in Tally

Usage of Bill-wise Entry in Purchase and Payment Voucher

Usage of Bill-wise entry in Sales and Receipt Voucher

Usage of Bill-wise entry in Payment and Receipt Voucher

Recording of Advance Payment Voucher with Method of Adjustment as Advance

Recording of Purchase Voucher and Adjusting Advance Payment

Recording of Advance Receipt Voucher with Method of Adjustment as Advance

Usage of Bill-wise Entry - On Account

Understanding Credit Limit

Specifying Credit Limit for Individual Ledger

Specifying Credit Limit for Multiple Ledger

Sales Voucher Restriction Based on Credit Limit

Splitting the Credit Sales Entry into Multiple Bills

Recording Transactions

Payment Performance of Debtors

Generating and Analysing the Receivables and Payables Reports

Bills Receivable

Ageing Analysis of Outstanding

Generating Reminder Letter in Tally

Generating Confirmation of Accounts in Tally

Bills Settlement

Bills Payables

Conclusion

Learning Objectives

Overview of Accounts Receivable and Payable Management

Accounts Payable and Receivable

Maintain Bill-wise Entry

Activation of Bill-wise Entry Part-A

Activation of Bill-wise Entry Part-B

Specifying of Credit Limit for Parties

Splitting of Credit Sale Into Multiple Bills

Payment Performance of Debtors

Bills Payable and Receivable Reports in Tally

Conclusion

Overview of Accounts Receivable and Payable Management

Accounts Payable and Receivable

Maintain Bill-wise Entry

Activation of Bill-wise Entry Part-A

Activation of Bill-wise Entry Part-B

Specifying of Credit Limit for Parties

Splitting of Credit Sale Into Multiple Bills

Payment Performance of Debtors

Bills Payable and Receivable Reports in Tally

Graded Assessment- Accounts Receivable and Payable Management

Learning Objectives

Introduction to Purchase and Sales Order Management

Overview of Purchase Order Processing and Business Scenario

Recording of Purchase Order

Recording of Receipt Note Voucher

Recording Rejections Out Voucher

Recording Purchase Voucher

Recording Debit Note Voucher

Recording Payment Voucher

Overview of Sales Order Processing

Recording of Sales Order in Tally

Printing of Quotation

Recording Delivery Note Voucher

Recording Rejections In Voucher

Recording of Sales Voucher

Recording Receipt Voucher

Sales Order Outstanding

Purchase Order Outstanding

Pre-Closure of Orders

Reorder Level in Tally

Display Reorder Status

Godown Transfer in Tally

Conclusion

Learning Objectives

Introduction to Purchase and Sales Order Management

Purchase Order Processing

Sales Order Processing

Order Outstandings

Reorder Level

Godown Transfer in Tally

Conclusion

Introduction to Purchase and Sales Order Management

Purchase Order Processing

Sales Order Processing

Order Outstandings

Reorder Level

Godown Transfer in Tally

Graded Assessment-Purchase and Sales Order Management

Learning Objectives

Introduction to Tracking Additional Costs of Purchase

Configuring Additional Cost of Purchases in Tally

Purchase Transaction with Additional Cost Details in Voucher Mode

Purchase Transaction with Additional Cost Details in Item Invoice Mode

Debit Note Voucher with Additional Cost

Conclusion

Learning Objectives

Introduction to Tracking Additional Costs of Purchase

Configuration of Additional Cost of Purchases in TallyPrime

Conclusion

Additional Cost of Purchases Configuration in Tally

Graded Assessment-Tracking Additional Costs of Purchase

Learning Objectives

Introduction to Cost/Profit Centres Management

Overview of Cost Centre and Cost Categories

Activation of Cost Centre

Allocation of Expenses and Incomes using Cost Centre- Example, Illustration and Accounting Masters Creation

Recording of Payment Voucher

Recording of Receipt Voucher

Cost Centre Classes (Automatic Allocation)

Allocation of Expenses to Multiple Cost Centres and Cost Categories-Business Scenario

Creation of Cost Category

Recording of Transaction and Auto Allocation of Expenses

Accessing Cost Centre Reports

Category Summary

Cost Centre Break-up

Ledger Break-up

Group Break-up

Conclusion

Learning Objectives

Introduction to Cost/Profit Centres Management

Cost Centre and Cost Categories-Part A

Cost Centre and Cost Categories-Part B

Cost Centre Reports

Conclusion

Cost Centre and Cost Categories-Part A

Cost Centre and Cost Categories-Part B

Cost Centre Reports

Graded Assessment-Cost/Profit Centres Management

Learning Objectives

Introduction to Budgets and Scenarios

Creation of Budget

Recording Transactions

Display Budgets and Variances Reports for Group Budget

Overview of Scenario Management and Business Scenario

Creation of Scenario

Temporary Inclusion of Reversing Journal Voucher In the Reports

Conclusion

Learning Objectives

Introduction to Budgets and Scenarios

Creation of Budget

Recording Transactions

Display Budgets and Variances Reports for Group Budget

Scenario Management

Conclusion

Introduction to Budgets and Scenarios

Creation of Budget

Recording Transactions

Display Budgets and Variances Reports for Group Budget

Scenario Management

Graded Quiz-Budgets and Scenarios

Learning Objectives

Introduction to Generating & Printing Reports

On the Fly Reporting

Bird's eye View/Drill Down Display

Drill Down Display

Date/Period Based Reporting & Comparing

Overview of Inventory Reports

Stock Summary

Godown-wise Stock Availability

Movement Analysis

Stock Query

Overview of Financial Reports

Balance Sheet

Profit & Loss A/c

Overview of Books & Registers

Sales Register

Purchase Register

Printing of Invoice and Report

Conclusion

Learning Objectives

Introduction to Generating & Printing Reports

On the Fly Reporting

Inventory Reports

Financial Reports

Books & Registers

Printing of Invoice and Report

Conclusion

Accounts Payable & Receivable Capstone

Introduction to Generating & Printing Reports

On the Fly Reporting

Inventory Reports

Financial Reports

Books & Registers

Printing of Invoice and Report

Graded Assessment - Generating & Printing Reports

Accounts Payable and Receivable Management - Capstone Project